STEADY PRICES.

Auckland Star, Volume LXIX, Issue 62, 15 March 1938, Page 8

STEADY PRICES.

WOOL IN DUNEDIN. COARSE CRO2SBRED2 BETTER UNEXPECTED JAPANESE BIDS. (By Telegraph.—Press Association.) DUXEDIX. this day. The third Dunedin wool sale commenced this morning, 26.03S bales being offered to a full bench of buyers. Prices obtained for the first catalogues were on a par with recent values in the South Island. Owing to weather vagaries the quality was not quite up to the usual standard. There were few super lots of halfbred, crossbred being more prominent than line wools. Competition was keen throughout the morning, with the demaJid fairly well spread. Japan, somewhat unexpectedly, was well in the market for Eood style halfbred and crossbred wools. There was good competition from Bradford and the Continent, with odd orders from Canada and the United States. Local mills were quiet, as there was not much super wool for their requirements.

One marked feature was that France's demand, for fine wools «a« not so strong but her buyers bid keenly for skirtinps. The only advance -recorded on recent sales was in coarse In the early catalogues top price was lojd for a line of super combing fine halfbred ewe.